HomeBUSINESSAcetylene Prices, Trends & Forecasts | Provided by Procurement Resource

Acetylene Prices, Trends & Forecasts | Provided by Procurement Resource

Acetylene or Ethyne (C2H2) is a colourless gas that has a faint garlicky odour. It is one of the simplest and widely known members of the hydrocarbon series containing one or more pairs of carbon atoms linked to triple bonds called the acetylenic series, or alkynes. It is a terminal acetylenic compound which is produced using calcium carbide and has traces of phosphine. The gas is easily combustible and burns with a sooty flame.

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It is lighter than air in weight and has the respective boiling and melting point of -84.7°C and −80.8 °C.The top Acetylene importers are China, and its top exporters are India and Italy.

Key Details About the Acetylene Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Acetylene price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Acetylene Price chart, including India Acetylene price, USA Acetylene price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Acetylene Price Trend:

Acetylene is mainly used as a fuel in oxyacetylene welding run metal cutting. It is also used as the chemical building block for plastic and organic chemical synthesis that is used to make products like acrylonitrile and vinyl chloride, synthetic rubber, vinyl acetate butyrolactone, acrylate, trichloroethylene 1,4-butanediol and vinyl alkyl ethers and pyrrolidone etc. Furthermore, it works as an illuminant and has various other uses, such as producing acetic acid used for metallurgical processes like brazing, metalizing and hardening.

Key Players:

  • BASF SE
  • Gulf Cryo
  • Linde
  • Praxair Technology Inc.
  • SINOPEC
  • Chengdu Xinju Chemical Co. Ltd.

News & Recent Development

  • October 22, 2022- SCGC and Denka announced their collaboration for the production of acetylene black, which will produce 11,000 tonnes of the product annually and is expected to start operations in 2025.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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Reference Link: https://theprocurementexpert.com/acetylene-price-trend/

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